Zoom Video, MicroStrategy And Target Were Among Top 11 Large Cap Gainers Last Week (Aug 18-Aug 24): Are The Others In Your Portfolio?

Lekha Gupta

August 25, 2024

These eleven large-cap stocks were the best performers in the last week. Are they in your portfolio?

CAVA Group (NYSE:CAVA) stock gained 25.55% in the last week on better-than-expected Q2 results and raised its FY24 adjusted EBITDA outlook. Also, multiple firms raised their respective price forecasts on the stock.
Zoom Video Communications, Inc. (NASDAQ:ZM) shares jumped 19.90% after the company reported better-than-expected second-quarter results.
Keysight Technologies Inc. (NYSE:KEYS) stock rose 14.29% after it reported better-than-expected third-quarter results.
Toll Brothers, Inc. (NYSE:TOL) shares were up 14.05% after the company reported better-than-expected third-quarter results and issued FY24 EPS guidance above estimates. Many analysts increased the price target on the stock.
MicroStrategy Inc.’s (NASDAQ:MSTR) stock gained 13.09% last week amid a rise in Bitcoin’s price.
Workday Inc. (NASDAQ:WDAY) gained 13.05% on better-than-expected Q2 earnings and the approval of an additional $1 billion stock buyback.
Builders FirstSource, Inc. (NYSE:BLDR) stock upped 12.09% following strong July new Home Sales economic data. The Fed’s indication of interest rate cuts also contributed.
Korea Electric Power Corporation (NYSE:KEP) shares were up 10.59%.
TopBuild Corp (NYSE:BLD) stock gained 9.92% in the last week, along with other homebuilder stocks that were up following strong New Home Sales economic data for July. Fed’s indication of interest rate cuts also played a part.
Advanced Drainage Systems Inc. (NYSE:WMS) stock was up 9.87%, along with other construction and homebuilder stocks, following strong July new Home Sales economic data and the Fed’s indication of interest rate cuts.
Target Corporation (NYSE:TGT) shares increased 9.75% after the company reported better-than-expected second-quarter results and raised its outlook. Several analysts boosted the price target on the stock.

Also Read:

Snowflake, JD.com And Temu Parent PDD Are Among Top 8 Large Cap Losers Last Week (Aug 18-Aug 24): Are The Others In Your Portfolio?

Image via Shutterstock

Recommended

What Smart Investors Are Doing to Profit From the Election - Ad

Forget AI, Imperium Is Expected to Grow 320,000% In 3 Years - Ad

Seven Unknown AI Stocks That Could Dominate the Next Six Years - Ad

Popular

TransDigm, BJ's Wholesale, AbbVie And More On CNBC's 'Final Trades'

TransDigm Group (TDG), BJ's Wholesale (BJ), VanEck Semiconductor ETF (SMH), and AbbVie (ABBV) were recommended as top trades on CNBC's Halftime Report.

Drivers Tend To Multitask And Pay Less Attention To The Road While Using Tesla's Autopilot And Volvo's Pilot Assist, Study Finds

Drivers tend to pay less attention to the road when using partial automation to drive, as per new research, despite automakers mandating constant supervision.

The No. 1 AI Stock of 2024 (Not Nvidia)

The No. 1 AI Stock of 2024 (Not Nvidia) - Ad

It's not Nvidia, Meta Platforms, Alphabet, or Amazon. But thanks to a recent major deal, an under-the-radar stock could become the No. 1 winner of the AI boom. "This company just teamed up with one of the biggest power players in the AI industry... yet you can still buy it for just one-twelfth the price of Nvidia -- the time to buy is NOW," says Marc Chaikin.

Elon Musk Laughs At The Idea Of Dick Cheney Supporting Kamala Harris For President

Elon Musk humorously commented on the recent endorsement of Kamala Harris by George Bush Jr.-era former Vice President Dick Cheney.

Harris Vs. Trump: Vice President, Former President Tied In Swing State, But One Candidate Dominates With Independent Voters

Donald Trump and Kamala Harris are tied in the battle for seven swing states in a new election poll. A look at the results and how one candidate may still be winning.

Revealing Index Soars 49% - Smart Investors Are Moving In

Revealing Index Soars 49% - Smart Investors Are Moving In - Ad

The Gold Miners' Index is up 49% in recent months, surpassing even Gold's performance. Yet, ONE stand-out miner has even doubled Gold's historic rally over the last 6 months with room to run as analysts expect it to double from here! Don't miss the young company that has already captured the interest of 40+ investment banks.

This Debate Rule Forces Kamala Harris' Team To Rethink Strategy: 'The Rule Will Serve To Shield Donald Trump'

Kamala Harris' debate strategy has been disrupted due to one of the rules.

Americans Split On Election Result Acceptance Between Harris And Trump, Here Is The Candidate They Think More Likely To Accept Voters' Verdict

A survey conducted by ABC News/Ipsos has shed light on the American public's confidence in the acceptance of the upcoming November presidential election results by Vice President Kamala Harris and former President Donald Trump.

The Last Time Gold Flashed This Warning Sign, the Market Dropped 80%

The Last Time Gold Flashed This Warning Sign, the Market Dropped 80% - Ad

Both President Trump and Elon Musk are warning about something that could send the market down 50%, real estate down 40% and savings accounts down 30%.

Nvidia And Bitcoin: Overpriced Or Underpriced - Do Fundamentals Justify Their Trillions Of Dollars Worth Of Market Caps?

Cryptocurrencies and stocks are considered risky investments, and traders frequently employ metrics to determine how justified their market value could be. Assessing Nvidia’s Valuation One very popular valuation metric is the price-to-earnings ratio, or simply the P/E ratio.

Trump Misunderstands Taiwan's Role In Chip Industry, Says Economy Minister: 'The President Has A Lot On His Plate'

Trump had earlier suggested that Taiwan should compensate the U.S. for defense, accusing the island nation of taking American semiconductor business.

My No. 1 Oil Play for 2024

My No. 1 Oil Play for 2024 - Ad

Do you own oil and gas stocks? Or are you thinking about buying some? If so, you need to see my #1 oil play for 2024. But it's NOT oil stocks, futures, or anything you've likely heard about. Rather, it's an unusual way to potentially bank monthly income from the oil and gas markets.

Maryland awards contract for Francis Scott Key Bridge rebuild after deadly collapse

BALTIMORE (AP) — Maryland transportation leaders on Thursday approved a contract for rebuilding the Francis Scott Key Bridge several months after the 1.6-mile (2.6-kilometer) steel span of a massive container ship that lost power and crashed into one of its supporting columns.

Apple's September 9 'Glowtime' Event Featuring iPhone 16 Launch Could Kickstart A 'Historical Period,' Says Wedbush Analyst Dan Ives

Wedbush analyst Dan Ives predicts a "historical period" for Apple, driven by the launch of the iPhone 16 series and its AI features, which could initiate a significant upgrade cycle during the upcoming "Glowtime" event.

America's Slow Decline into Hell

America's Slow Decline into Hell - Ad

As Kamala Harris rises to power, her 3-word agenda threatens every American's freedom and financial security. Get the inside scoop and

2 women charged in Lululemon shoplifting scheme in Minneapolis

MINNEAPOLIS (AP) — Two Minnesota women are charged with organizing thefts of several thousand dollars' worth of merchandise from a store in Minneapolis and then funneling the stolen goods through a suburban nail salon.

Ford joins growing list of companies changing diversity policies after conservative pressure

DEARBORN, Mich. (AP) — Ford Motor Co. has joined the ranks of companies that have pulled back on diversity, equity and inclusion policies while facing pressure from conservative groups.

Oil = Monthly Income

Oil = Monthly Income - Ad

Right now, there's an unusual $25 way to collect MONTHLY income from the oil markets. It's not a stock, bond, or anything you've likely heard about... But it's by far my #1 investment opportunity for 2024.

E. Jean Carroll Case: Appeals Court Skeptical of Trump's Bid to Overturn Sexual Abuse Verdict

E. Jean Carroll's case sees an appeals court skeptical of Donald Trump's bid to overturn a $5 million verdict for sexual abuse and defamation.

Psychedelic Church Opens In Colorado Springs, CO Making History

Meet Colorado's first psychedelic church in Colorado Springs, where magic mushrooms and DMT are used for healing and creating community.

Discover the $2 Stock That Has Institutional Attention

Discover the $2 Stock That Has Institutional Attention - Ad

With a $1.3B market cap and forecasts to grow 2X faster than the sector, dozens of investment banks are betting big. Strong leadership, cash on hand, and a $3 target make it a must-see.

Nutanix Stock Jumps On Q4 Earnings: The Details

Nutanix Inc (NASDAQ:NTNX) shares are trading higher in Wednesday's after-hours session on the heels of the company's fiscal fourth-quarter financial results. Here's a rundown of the print.

Seeking an alternative to Chinaâ€™s pressure-cooker schools, families move to Thailand

CHIANG MAI, Thailand (AP) — The competition started in second grade for DJ Wang’s son.

A New Drug Set to Outgrow Zoloft and Metformin--Invest Now

A New Drug Set to Outgrow Zoloft and Metformin--Invest Now - Ad

A new breakthrough drug is predicted to hit 250 million subscriptions in the next SIX YEARS, according to Morgan Stanley. Even better, a tiny company - trading for only $7 - holds key patents on this new drug. But it won't stay under the radar for much longer.

Another New Jersey offshore wind project runs into turbulence as Leading Light seeks pause

Another offshore wind project in New Jersey is encountering turbulence.

WHO and Africa CDC launch a response plan to the mpox outbreak

DAKAR, Senegal (AP) — The Africa Center for Disease Control and Prevention and the World Health Organization launched on Friday a continent-wide response plan to the outbreak of mpox, three weeks after WHO declared outbreaks in 12 African countries a .

Kamala Harris May Seize This Cutting-Edge Tech -- Act Now

Kamala Harris May Seize This Cutting-Edge Tech -- Act Now - Ad

A new technology (not AI) is powerful enough to save America $1.7 TRILLION in healthcare costs each year. Trump is rumored to use it personally... And Kamala Harris has threatened to have key patents on it seized. Whoever wins the election - it could cause a massive surge in demand... And send a tiny firm with key patents on this technology soaring. It's currently trading for only $7. But it likely won't stay this cheap for long.

Nevada high court ends casino mogul Steve Wynn's defamation suit against The Associated Press

LAS VEGAS (AP) — The Nevada Supreme Court on Thursday ended a defamation lawsuit brought by casino mogul Steve Wynn against The Associated Press in 2018, rejecting Wynn’s bid to get a jury to hear his claim that he was defamed by an AP story about accounts to Las Vegas police from two women who alleged he committed sexual misconduct.

Red Lobster says it will soon exit bankruptcy protection after judge approves seafood chain's sale

NEW YORK (AP) — After months of dozens of restaurant closings and headlines about “endless shrimp” woes, Red Lobster is poised to soon exit from Chapter 11 bankruptcy protection.

New "Living Missile" to Replace Nuclear Missiles

New "Living Missile" to Replace Nuclear Missiles - Ad

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

Investigators say dispatching errors led to Union Pacific train crash that killed 2 workers

OMAHA, Neb. (AP) — Dispatching errors combined with the failure of two backup systems allowed a Union Pacific train to that had been parked on a side track for nine months in Southern California two years ago, killing an engineer and a conductor, according to a report issued Thursday.

The US is preparing criminal charges in Iran hack targeting Trump, AP sources say

WASHINGTON (AP) — The Justice Department is preparing criminal charges in connection with an in a bid to shape the outcome of the November election, two people familiar with the matter said Thursday.

U.S. Loses to China in Shocking WAR GAMES

U.S. Loses to China in Shocking WAR GAMES - Ad

Pentagon says new "living missile" key to winning a future conflict. Investors stand to reap 35,960% on shares of the small defense contractor that makes powerful new weapon.

4 Tons Of Seized Marijuana Burnt To A Crisp By NYC Mayor Adams; Top Cop, Sheriff Join The Cannabis Campfire

NYC Mayor Eric Adams destroys 4 tons of illegal weed products in Operation Padlock to combat illegal activity and protect communities.

Trump courts conservative male influencers to try to reach younger men

WASHINGTON (AP) — At first glance, there's little that a 78-year-old former president and a 23-year-old internet personality might have in common.

Analysts Are Projecting "Safe-Haven" Stock Will Nearly Double

Analysts Are Projecting "Safe-Haven" Stock Will Nearly Double - Ad

Already up nearly 50% in the last 6 months this gold company has an analyst target nearly twice its current price. With 40+ investment banks and funds already invested it's no wonder this $1.3B company (trading under $2) is grabbing investor attention.

US investigating reports that some Jeep SUVs and pickups can catch fire after engines are turned off

U.S. auto safety regulators are investigating reports that the engines can catch fire on some Jeep SUVs and pickup trucks even with the ignition turned off.

Bitcoin Flat, Ethereum And Dogecoin Jump Even As Stocks Flash Red Amid Nvidia's Q2 Earnings Beat â€” Top Crypto Trader Believes 'Party Is On The Horizon'

Bitcoin traded flat, while other leading cryptocurrencies surged Wednesday even as AI juggernaut NVIDIA Corp. (NASDAQ:NVDA) reported better-than-expected second-quarter numbers.

America Can't Afford a Harris Presidency

America Can't Afford a Harris Presidency - Ad

New research from Jim Rickards - former advisor to the CIA - reveals shocking predictions about an "Election Meltdown" coming this November. Jim's showing all American patriots why an "Election Meltdown" could crash stocks by 50%, lead to the final demise of the dollar, even cause violent riots in the streets.

The Dutch government is expanding export restrictions for processor chip machines

THE HAGUE, Netherlands (AP) — The Dutch government is expanding export restrictions on equipment used to make advanced processor chips that can be integrated into weapons systems, a Cabinet minister announced Friday, citing security risks.

Trending Now